12.5% increase in turnover for Badet Clément

Wednesday July 11 2018 by Vitisphere

Branded wines posted a 16.6% increase in turnover, benefiting from organic growth in sales but also distribution gains.Branded wines posted a 16.6% increase in turnover, benefiting from organic growth in sales but also distribution gains. - Photo credit : Creative Commons CC0

Turnover for Nuits-Saint-Georges-based Badet Clément group (Côte d'Or, Burgundy) rose sharply to 49.5 million euros in 2017 (+12.5%). The increase was generated by both sides of its business – both branded and estate wines - obviously from Burgundy but also from Languedoc (through the brands Les Jamelles, Abbotts and Delaunay and La Cour des Dames), the Rhone Valley (Domaine de Lambisque for example) and Provence (like the brand La Promenade). The company is continuing to gain traction in 2018 with sales up by 22% in the first half.

Organic branded sales growth

Branded wines experienced a 16.6% increase in sales, benefiting from organic growth but also distribution gains. The group pointed out that the development was occurring in both mature and developing markets such as the USA, China and Australia. The estate wine business is also up by 5.2% and is supported by the group’s subsidiary company Domaines et Vins de Propriété which boasts around a hundred estates in its portfolio. “Its diversification in favour of wine regions in the South of France is proving to be a winning decision” stressed the group in a press release.

Badet Clément is optimistic about 2018, most notably because it will see the launch of a new negociant business with ageing facilities in Burgundy through the historic brand Edouard Delaunay, acquired in 2017 from the Boisset group. The winery is undergoing major renovations to support the new business.

 

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